Posted Saturday, April 10, 2021
Medicaid programs have received a major bump in funding for vital home- and community-based services (HCBS) because of the American Rescue Pan that began on April 1st. The provision raises the federal matching rate for Medicaid HCBS spending by 10% from April 1 of 2021 through March 31 of next year.
The increase is designed to help HCBS operators expand their services, attract workers, and take on more clients. Home care providers and some experts have brought questions about the applicability of the new law.
“There’s been a lot of interest among Democrats on the hill — and even some Republicans — to expand [home- and community-based services],” Howard Gleckman, a senior fellow at the Urban Institute and all-around aging expert, told Home Health Care News. “I think that this is just accelerating what was already a pre-COVID trend and making it more aggressive.”
Click here for the full article.
About Corridor
For over 30 years, Corridor has partnered with home-based care providers, delivering powerful solutions to support the unique challenges of caring for patients in the home. Our team of operating executives, clinicians, and nationally renowned industry experts have run provider organizations and resolved the same challenges you face.
Focusing on key operational, regulatory and financial challenges, Corridor delivers solutions and deep expertise in coding, clinical documentation, compliance, billing and education.
To receive the most important industry updates, insights and news impacting home health and hospice, please make sure to sign up for our weekly newsletter.